Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Plans Dividend Increase – $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVGGet Free Report) announced a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.074 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, May 15th. This is a 0.8% increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Price Performance

Shares of EVG traded up $0.00 during trading hours on Wednesday, reaching $10.84. 3,311 shares of the company traded hands, compared to its average volume of 41,731. Eaton Vance Short Duration Diversified Income Fund has a 12-month low of $10.40 and a 12-month high of $11.45. The business has a fifty day moving average price of $10.71 and a 200-day moving average price of $10.90.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Several hedge funds have recently added to or reduced their stakes in EVG. Equitable Holdings Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 3.1% during the 4th quarter. Equitable Holdings Inc. now owns 53,080 shares of the company’s stock worth $580,000 after acquiring an additional 1,578 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 4.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,466,196 shares of the company’s stock worth $16,143,000 after acquiring an additional 59,355 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 14.7% during the 4th quarter. Guggenheim Capital LLC now owns 378,332 shares of the company’s stock worth $4,131,000 after acquiring an additional 48,411 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 24.0% during the 4th quarter. Osaic Holdings Inc. now owns 142,927 shares of the company’s stock worth $1,561,000 after acquiring an additional 27,687 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 3.2% during the 3rd quarter. First Trust Advisors LP now owns 129,037 shares of the company’s stock worth $1,461,000 after acquiring an additional 3,988 shares in the last quarter.

About Eaton Vance Short Duration Diversified Income Fund

(Get Free Report)

The Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a non-diversified, closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in a global portfolio of fixed-income securities. Under normal market conditions, at least 80% of the fund’s assets are allocated to debt obligations, including investment-grade corporate bonds, high-yield instruments and sovereign, mortgage- and asset-backed securities. The fund’s focus on short-duration issues—generally those with maturities of less than five years—aims to mitigate interest rate risk while capturing income opportunities across diverse market segments.

EVG is actively managed by Eaton Vance Management, a subsidiary of Morgan Stanley Wealth Management, utilizing rigorous credit research and sector analysis to identify undervalued and mispriced debt instruments.

See Also

Dividend History for Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG)

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